Determination of Subsequent Variable Payments. The amount of each variable annuity payment after the first will increase or decrease according to the value of the variable annuity units which reflect the investment experience of the selected subaccounts. Each variable annuity payment after the first will be equal to the number of variable annuity units in the selected subaccounts multiplied by the variable annuity unit value on the date the payment is made. The number of variable annuity units in each selected subaccount is determined by dividing the first variable annuity payment allocated to the subaccount by the variable annuity unit value of that subaccount on the annuity commencement date. Once annuity payments begin, neither expenses actually incurred other than taxes on the investment return, nor mortality actually experienced by the Company, shall adversely affect the dollar amount of variable annuity payments to any annuitant for whom such payments have commenced. GUARANTEED FIXED INCOME OPTIONS ** The amounts shown in these tables are the guaranteed amounts for each $1,000 of the proceeds. Higher current amounts may be available at the time of settlement. Option 1, Table I Option 2, Table II Option 2, Table III Option 2, Table IV Number of Years Amount of Monthly Monthly Installment For Life No Period Certain Monthly Installment For Life 10 Years Certain Monthly Installment For Life Guaranteed Return of Policy Proceeds Payable Installment Age* Male Female Male Female Male Female 50 $ 2.97 $ 2.86 $ 2.96 $ 2.86 $ 2.79 $ 2.74 51 3.04 2.92 3.02 2.91 2.84 2.79 52 3.10 2.98 3.08 2.97 2.89 2.84 53 3.18 3.05 3.15 3.03 2.94 2.89 5 17.21 54 3.25 3.11 3.22 3.10 3.00 2.94 6 14.51 55 3.33 3.18 3.30 3.17 3.06 3.00 7 12.53 56 3.41 3.26 3.38 3.24 3.12 3.06 8 11.04 57 3.50 3.34 3.46 3.32 3.18 3.12 9 9.89 58 3.60 3.42 3.55 3.39 3.25 3.18 10 8.96 59 3.69 3.51 3.65 3.48 3.32 3.25 11 8.21 60 3.80 3.60 3.75 3.57 3.39 3.32 12 7.58 61 3.91 3.70 3.85 3.66 3.46 3.39 13 7.05 62 4.03 3.81 3.96 3.76 3.54 3.47 14 6.59 63 4.16 3.92 4.07 3.87 3.63 3.55 15 6.20 64 4.30 4.04 4.20 3.98 3.72 3.63 16 5.85 65 4.45 4.16 4.32 4.09 3.81 3.72 17 5.55 66 4.60 4.30 4.46 4.22 3.91 3.81 18 5.27 67 4.77 4.45 4.60 4.35 4.01 3.91 19 5.03 68 4.96 4.60 4.75 4.49 4.11 4.01 20 4.81 69 5.14 4.77 4.90 4.64 4.23 4.12 70 5.34 4.95 5.06 4.79 4.34 4.24 71 5.56 5.15 5.22 4.95 4.47 4.36 72 5.79 5.36 5.39 5.12 4.60 4.49 73 6.03 5.59 5.56 5.30 4.73 4.62 74 6.30 5.83 5.74 5.49 4.88 4.77 75 6.58 6.10 5.93 5.68 5.03 4.92 76 6.88 6.39 6.11 5.88 5.18 5.08 77 7.20 6.70 6.30 6.09 5.35 5.25 78 7.55 7.03 6.49 6.30 5 53 5.43 79 7.92 7.40 6.68 6.51 5.71 5.61 80 8.32 7.79 6.87 6.72 5.90 5.81 81 8.75 8.22 7.06 6.93 6.11 6.02 82 9.20 8.69 7.24 7.13 6.32 6.24 83 9.69 9.19 7.41 7.33 6.55 6.48 84 10.21 9.74 7.58 7.52 6.78 6.72 85 10.77 10.33 7.74 7.69 7.03 6.98 86 7.89 7.86 7.29 7.26 87 8.03 8.01 7.57 7.54 88 8.16 8.15 7.86 7.84 89 8.28 8.27 8.17 8.15 90 8.38 8.38 8.49 8.48 91 8.48 8.48 8.83 8.82 92 8.57 8.57 9.19 9.18 93 8.65 8.64 9.58 9.56 94 8.72 8.71 10.00 9.97 95 8.78 8.77 10.45 10.40 * Adjusted Age as defined in Section 10.A. ** The guaranteed fixed income amounts are based on a guaranteed interest rate of 15%. Dollar amounts of monthly, quarterly, semi-annual and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. Fixed Income Option 4, Table V Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* 50 $ 2.20 $ 2.27 $ 2.34 $ 2.41 $ 2.48 $ 2.55 $ 2.62 55 2.35 2.44 2.52 2.61 2.71 2.80 2.88 60 2.54 2.64 2.76 2.88 2.99 3.11 3.23 65 2.77 2.91 3.06 3.22 3.38 3.54 3.69 70 3.08 3.26 3.46 3.67 3.89 4.11 4.33 75 3.47 3.72 3.99 4.29 4.60 4.93 5.24 80 4.01 4.35 4.74 5.17 5.62 6.08 6.53 85 4.75 5.25 5.81 6.44 7.09 7.75 8.36 * Adjusted Age as defined in Section 10.A. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. VARIABLE INCOME OPTIONS BASED ON ASSUMED INVESTMENT RETURN ** The amounts shown in these tables are the initial payment amounts based on a 5.0% Assumed Investment Return for each $1,000 of the proceeds. Option 3-V, Table I Option 3-V, Table II Monthly Installment for life No Period Certain Monthly Installment for Life 10 Years Certain Age* Male Female Male Female 50 $ 5.07 $ 4.93 $ 5.04 $ 4.92 51 5.13 4.99 5.09 4.96 52 5.19 5.04 5.15 5.01 53 5.26 5.10 5.21 5.07 54 5.33 5.16 5.27 5.12 55 5.40 5.22 5.34 5.18 56 5.48 5.29 5.41 5.25 57 5.57 5.36 5.49 5.32 58 5.66 5.44 5.57 5.39 59 5.75 5.52 5.66 5.47 60 5.85 5.61 5.75 5.55 61 5.97 5.70 5.85 5.63 62 6.09 5.81 5.95 5.72 63 6.21 5.91 6.06 5.82 64 6.35 6.03 6.17 5.92 65 6.50 6.16 6.29 6.03 66 6.66 6.29 6.42 6.15 67 6.83 6.43 6.55 6.27 68 7.01 6.59 6.69 6.40 69 7.21 6.76 6.83 6.54 70 7.41 6.94 6.98 6.69 71 7.63 7.14 7.13 6.84 72 7.87 7.35 7.28 7.00 73 8.12 7.58 7.45 7.17 74 8.39 7.83 7.61 7.34 75 8 68 8.11 7.78 7.52 76 8.99 8.40 7.95 7.71 77 9.32 8.72 8.12 7.90 78 9.68 9.07 8.29 8.09 79 10.06 9.45 8.47 8.29 80 10.47 9.85 8.64 8.48 81 10.91 10.30 8.80 8.67 82 11.38 10.78 8.97 8.88 83 11.88 11.30 9.12 9.04 84 12.42 11.87 9.27 9.21 85 12.99 12.48 9.41 9.37 86 9.54 9.51 87 9.67 9.65 88 9.78 9.77 89 9.89 9.88 90 9.98 9.98 91 10.07 10.07 92 10.15 10.15 93 10.22 10.22 94 10.28 10.28 95 10.34 10.33 * Adjusted Age as defined in Section 10.A. ** The discount factor per day which corresponds to the Assumed Investment Return of 5.0% is 99986634. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* 50 $ 4.37 $ 4.42 $ 4.46 $ 4.51 $ 4.56 $ 4.62 $ 4.67 55 4.48 4.54 4.60 4.67 4.74 4.81 4.88 60 4.62 4.70 4.79 4.88 4.98 5.08 5.18 65 4.11 4.92 5.04 5.17 5.31 5.46 5.61 70 5.07 5.23 5.40 5.59 5.79 8.00 6.22 75 5.43 5.65 5.90 6.18 6.48 6.79 7.11 80 5.94 6.26 6.63 7.04 7.49 7.95 8.40 85 6.67 7.15 7.70 8.31 8.97 9.63 10.26 * Adjusted Age as defined in Section 10 A. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount.
Appears in 1 contract
Samples: Separate Account VA YNY
Determination of Subsequent Variable Payments. The amount of each variable annuity payment after the first will increase or decrease according to the value of the variable annuity units which reflect the investment experience of the selected subaccountsSubaccounts. Each variable annuity payment after the first will be equal to the number of variable annuity units in the selected subaccounts Subaccounts multiplied by the variable annuity unit value on the date the payment is made. The number of variable annuity units in each selected subaccount Subaccount is determined by dividing the first variable annuity payment allocated to the subaccount Subaccount by the variable annuity unit value of that subaccount Subaccount on the annuity commencement dateAnnuity Commencement Date. Once annuity payments Annuity Payments begin, neither expenses actually incurred other than taxes on the investment return, nor mortality actually experienced by the Company, shall adversely affect the dollar amount of variable annuity payments Variable Annuity Payments to any annuitant Annuitant for whom such payments have commenced. AV1396 101 179 1003 Page 15 CB937R GUARANTEED FIXED INCOME OPTIONS ** The amounts shown in these tables are the guaranteed amounts for each $1,000 of the proceeds. Higher current amounts may be available at the time of settlement. Option 1, Table I 1 Option 2, Table II Option 2, Table III Option 2, Table IV Number of Years Payable Amount of Monthly Installment Monthly Installment For Life No Period Certain Monthly Installment For Life 10 Years Certain Monthly Installment For Life Guaranteed Return of Policy Proceeds Payable Installment Age* Male Female Unisex Male Female Unisex Male Female Unisex 50 $ 2.97 $ 2.86 $ 2.90 $ 2.96 $ 2.86 $ 2.89 $ 2.79 $ 2.74 $ 2.76 51 3.04 2.92 2.96 3.02 2.91 2.94 2.84 2.79 2.80 52 3.10 2.98 3.02 3.08 2.97 3.01 2.89 2.84 2.85 53 3.18 3.05 3.09 3.15 3.03 3.07 2.94 2.89 2.90 5 17.21 17.28 54 3.25 3.11 3.15 3.22 3.10 3.14 3.00 2.94 2.96 6 14.51 55 3.33 3.18 3.23 3.30 3.17 3.21 3.06 3.00 3.02 7 12.53 56 3.41 3.26 3.30 3.38 3.24 3.28 3.12 3.06 3.07 8 11.04 57 3.50 3.34 3.39 3.46 3.32 3.36 3.18 3.12 3.14 9 9.89 58 3.60 3.42 3.47 3.55 3.39 3.44 3.25 3.18 3.20 10 8.96 59 3.69 3.51 3.56 3.65 3.48 3.53 3.32 3.25 3.27 11 8.21 60 3.80 3.60 3.66 3.75 3.57 3.62 3.39 3.32 3.34 12 7.58 61 3.91 3.70 3.76 3.85 3.66 3.72 3.46 3.39 3.41 13 7.05 62 4.03 3.81 3.87 3.96 3.76 3.82 3.54 3.47 3.49 14 6.59 63 4.16 3.92 3.99 4.07 3.87 3.93 3.63 3.55 3.57 15 6.20 64 4.30 4.04 4.12 4.20 3.98 4.04 3.72 3.63 3.66 16 5.85 65 4.45 4.16 4.25 4.32 4.09 4.16 3.81 3.72 3.75 17 5.55 66 4.60 4.30 4.39 4.46 4.22 4.29 3.91 3.81 3.84 18 5.27 67 4.77 4.45 4.54 4.60 4.35 4.42 4.01 3.91 3.94 19 5.03 68 4.96 4.95 4.60 4.71 4.75 4.49 4.57 4.11 4.01 4.04 20 4.81 69 5.14 4.77 4.88 4.90 4.64 4.71 4.23 4.12 4.15 70 5.34 4.95 5.07 5.06 4.79 4.87 4.34 4.24 4.27 71 5.56 5.15 5.27 5.22 4.95 5.03 4.47 4.36 4.39 72 5.79 5.36 5.49 5.39 5.12 5.20 4.60 4.49 4.52 73 6.03 5.59 5.72 5.56 5.30 5.38 4.73 4.62 4.66 74 6.30 5.83 5.97 5.74 5.49 5.57 4.88 4.77 4.80 75 6.58 6.10 6.24 5.93 5.68 5.76 5.03 4.92 4.95 76 6.88 6.39 6.53 6.11 5.88 5.95 5.18 5.08 5.11 77 7.20 6.70 6.85 6.30 6.09 6.15 5.35 5.25 5.28 78 7.55 7.03 7.19 6.49 6.30 5 53 6.36 5.53 5.43 5.46 79 7.92 7.40 7.55 6.68 6.51 6.56 5.71 5.61 5.64 80 8.32 7.79 7.95 6.87 6.72 6.77 5.90 5.81 5.84 81 8.75 8.22 8.38 7.06 6.93 6.97 6.11 6.02 6.05 82 9.20 8.69 8.84 7.24 7.13 7.16 6.32 6.24 6.27 83 9.69 9.19 9.34 7.41 7.33 7.36 6.55 6.48 6.50 84 10.21 9.74 9.88 7.58 7.52 7.54 6.78 6.72 6.74 85 10.77 10.33 10.46 7.74 7.69 7.71 7.03 6.98 7.00 86 7.89 7.86 7.87 7.29 7.26 7.27 87 8.03 8.01 8.01 7.57 7.54 7.55 88 8.16 8.15 8.15 7.86 7.84 7.85 89 8.28 8.27 8.27 8.17 8.15 8.16 90 8.38 8.38 8.38 8.49 8.48 8.48 91 8.48 8.48 8.48 8.83 8.82 8.83 92 8.57 8.57 8.57 9.19 9.18 9.19 93 8.65 8.64 8.65 9.58 9.56 9.57 94 8.72 8.71 8.71 10.00 9.97 9.98 95 8.78 8.77 8.77 10.45 10.40 10.42 * Adjusted Age as defined in Section 10.A. ** The guaranteed fixed income amounts are based on a guaranteed interest rate of 151.5%. Dollar amounts of monthly, quarterly, semi-annual and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. AV1396 101 179 1003 Page 16 T1027R Fixed Income Option 4, Table V Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* 50 $ 2.20 $ 2.27 $ 2.34 $ 2.41 $ 2.48 $ 2.55 $ 2.62 55 2.35 2.44 2.52 2.61 2.71 2.80 2.88 60 2.54 2.64 2.76 2.88 2.99 3.11 3.23 65 2.77 2.91 3.06 3.22 3.38 3.54 3.69 70 3.08 3.26 3.46 3.67 3.89 4.11 4.33 75 3.47 3.72 3.99 4.29 4.60 4.93 5.24 80 4.01 4.35 4.74 5.17 5.62 6.08 6.53 85 4.75 5.25 5.81 6.44 7.09 7.75 8.36 Monthly Installment For Unisex Joint and Full Survivor Adjusted Age of First Annuitant* Adjusted Age of Joint Annuitant* 15 Years Less Than First 12 Years Less Than First 9 Years Less Than First 6 Years Less Than First 3 Years Less Than First Same As First 3 Years More Than First 50 $ 2.20 $ 2.27 $ 2.34 $ 2.41 $ 2.48 $ 2.55 $ 2.61 55 2.36 2.44 2.53 2.62 2.70 2.79 2.87 60 2.55 2.65 2.76 2.88 2.99 3.10 3.20 65 2.79 2.92 3.07 3.22 3.37 3.52 3.66 70 3.10 3.28 3.47 3.67 3.88 4.09 4.28 75 3.50 3.75 4.02 4.30 4.60 4.89 5.16 80 4.06 4.40 4.78 5.19 5.62 6.04 6.44 85 4.83 5.32 5.87 6.47 7.10 7.71 8.28 * Adjusted Age as defined in Section 10.A. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. VARIABLE INCOME OPTIONS AV1396 101 179 1003 Page 17 TB1027R BASED ON ASSUMED INVESTMENT RETURN ** The amounts shown in these tables are the initial payment amounts based on a 5.0% Assumed Investment Return for each $1,000 of the proceeds. Option 3-V, Table I 1 Option 3-V, Table II Monthly Installment for life Life No Period Certain Monthly Installment for Life 10 Years Certain Age* Male Female Unisex Male Female Unisex 50 $ 5.07 $ 4.93 $ 4.98 $ 5.04 $ 4.92 $ 4.95 51 5.13 4.99 5.03 5.09 4.96 5.00 52 5.19 5.04 5.08 5.15 5.01 5.05 53 5.26 5.10 5.14 5.21 5.07 5.11 54 5.33 5.16 5.21 5.27 5.12 5.17 55 5.40 5.22 5.27 5.34 5.18 5.23 56 5.48 5.29 5.35 5.41 5.25 5.30 57 5.57 5.36 5.42 5.49 5.32 5.37 58 5.66 5.44 5.50 5.57 5.39 5.44 59 5.75 5.52 5.59 5.66 5.47 5.52 60 5.85 5.61 5.68 5.75 5.55 5.61 61 5.97 5.70 5.78 5.85 5.63 5.70 62 6.09 5.81 5.89 5.95 5.72 5.79 63 6.21 5.91 6.06 6.00 6.08 5.82 5.89 64 6.35 6.03 6.13 6.17 5.92 6.00 65 6.50 6.16 6.26 6.29 6.03 6.11 66 6.66 6.29 6.40 6.42 6.15 6.23 67 6.83 6.43 6.55 6.55 6.27 6.36 68 7.01 6.59 6.71 6.69 6.40 6.49 69 7.21 6.76 6.89 6.83 6.54 6.63 70 7.41 6.94 7.08 6.98 6.69 6.77 71 7.63 7.14 7.28 7.13 6.84 6.93 72 7.87 7.35 7.50 7.28 7.00 7.09 73 8.12 7.58 7.74 7.45 7.17 7.25 74 8.39 7.83 8.00 7.61 7.34 7.42 75 8 68 8.11 8.68 8.01 8.28 7.78 7.52 7.60 76 8.99 8.40 8.58 7.95 7.71 7.78 77 9.32 8.72 8.90 8.12 7.90 7.97 78 9.68 9.07 9.25 8.29 8.09 8.16 79 10.06 9.45 9.63 8.47 8.29 8.34 80 10.47 9.85 10.04 8.64 8.48 8.53 81 10.91 10.30 10.48 8.80 8.67 8.71 82 11.38 10.78 10.96 8.97 8.88 8.86 8.89 83 11.88 11.30 11.47 9.12 9.04 9.06 84 12.42 11.87 12.03 9.27 9.21 9.23 85 12.99 12.48 12.63 9.41 9.37 9.38 86 9.54 9.51 9.52 87 9.67 9.65 9.65 88 9.78 9.77 9.77 89 9.89 9.88 9.88 90 9.98 9.98 9.98 91 10.07 10.07 10.07 92 10.15 10.15 10.15 93 10.22 10.22 10.22 94 10.28 10.28 10.28 95 10.34 10.33 10.33 * Adjusted Age as defined in Section 10.A. ** The discount factor per day which corresponds to the Assumed Investment Return of 5.0% is 99986634.99986634. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. AV1396 101 179 1003 Page 18 H1313R Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* 50 $ 4.37 $ 4.42 $ 4.46 $ 4.51 $ 4.56 $ 4.62 $ 4.67 55 4.48 4.54 4.60 4.67 4.74 4.81 4.88 60 4.62 4.70 4.79 4.88 4.98 5.08 5.18 65 4.11 4.81 4.92 5.04 5.17 5.31 5.46 5.61 70 5.07 5.23 5.40 5.59 5.79 8.00 6.00 6.22 75 5.43 5.65 5.90 6.18 6.48 6.79 7.11 80 5.94 6.26 6.28 6.63 7.04 7.49 7.95 8.40 85 6.67 7.15 7.70 8.31 8.97 9.63 10.26 Monthly Installment For Unisex Joint and Full Survivor Adjusted Age of First Annuitant* Adjusted Age of Joint Annuitant* 15 Years Less Than First 12 Years Less Than First 9 Years Less Than First 6 Years Less Than First 3 Years Less Than First Same As First 3 Years More Than First 50 $ 4.38 $ 4.42 $ 4.47 $ 4.51 $ 4.56 $ 4.61 $ 4.66 55 4.48 4.54 4.60 4.67 4.73 4.80 4.87 60 4.63 4.70 4.79 4.88 4.97 5.07 5.16 65 4.82 4.93 5.05 5.17 5.30 5.44 5.57 70 5.09 5.24 5.41 5.59 5.78 5.97 6.16 75 5.46 5.68 5.93 6.19 6.47 6.75 7.03 80 5.99 6.31 6.67 7.07 7.48 7.90 8.30 85 6.75 7.23 7.76 8.35 8.97 9.59 10.17 * Adjusted Age as defined in Section 10 A. 10.A Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount.
Appears in 1 contract
Determination of Subsequent Variable Payments. The amount of each variable annuity payment after the first will increase or decrease according to the value of the variable annuity units which reflect the investment experience of the selected subaccounts. Each variable annuity payment after the first will be equal to the number of variable annuity units in the selected subaccounts multiplied by the variable annuity unit value on the date the payment is made. The number of variable annuity units in each selected subaccount is determined by dividing the first variable annuity payment allocated to the subaccount by the variable annuity unit value of that subaccount on the annuity commencement datecate. Once annuity payments begin, neither expenses actually incurred other than taxes on the investment return, nor mortality actually experienced by the Company, shall adversely affect the dollar amount of variable annuity payments to any annuitant for whom such payments have commenced. GUARANTEED FIXED INCOME OPTIONS ** The amounts shown in these tables are the guaranteed amounts for each $1,000 of the proceeds. Higher current amounts may be available at the time of settlement. settlement Option 1, Table I Option 2, Table II Option 2, Table III Option 2, Table IV Number of Years Payable Amount of Monthly Installment Monthly Installment For Life No Period Certain Monthly Installment For Life 10 Years Certain Monthly Installment For Life Guaranteed Return of Policy Proceeds Payable Installment Age* Male Female Male Female Male Female 50 $ 2.97 $ 2.86 $ 2.96 $ 2.86 $ 2.79 $ 2.74 51 3.04 2.92 3.02 2.91 2.84 2.79 52 3.10 2.98 3.08 2.97 2.89 2.84 53 3.18 3.05 3.15 3.03 2.94 2.89 5 17.21 17.28 54 3.25 3.11 3.22 3.10 3.00 2.94 6 14.51 55 3.33 3.18 3.30 3.17 3.06 3.00 7 12.53 56 3.41 3.26 3.38 3.24 3.12 3.06 8 11.04 57 3.50 3.34 3.46 3.32 3.18 3.12 9 9.89 58 3.60 3.42 3.55 3.39 3.25 3.18 10 8.96 59 3.69 3.51 3.65 3.48 3.32 3.25 11 8.21 60 3.80 3.60 3.75 3.57 3.39 3.32 12 7.58 61 3.91 3.70 3.85 3.66 3.46 3.39 13 7.05 62 4.03 3.81 3.96 3.76 3.54 3.47 14 6.59 63 4.16 3.92 4.07 3.87 3.63 3.55 15 6.20 64 4.30 4.04 4.20 3.98 3.72 3.63 16 5.85 65 4.45 4.16 4.32 4.09 3.81 3.72 17 5.55 66 4.60 4.30 4.46 4.22 3.91 3.81 18 5.27 67 4.77 4.45 4.60 4.35 4.01 3.91 19 5.03 68 4.96 4.95 4.60 4.75 4.49 4.11 4.01 20 4.81 69 5.14 4.77 4.90 4.64 4.23 4.12 70 5.34 4.95 5.06 4.79 4.34 4.24 71 5.56 5.15 5.22 4.95 4.47 4.36 72 5.79 5.36 5.39 5.12 4.60 4.49 73 6.03 5.59 5.56 5.30 4.73 4.62 74 6.30 5.83 5.74 5.49 4.88 4.77 75 6.58 6.10 5.93 5.68 5.03 4.92 76 6.88 6.39 6.11 5.88 5.18 5.08 77 7.20 6.70 6.30 6.09 5.35 5.25 78 7.55 7.03 6.49 6.30 5 53 5.53 5.43 79 7.92 7.40 6.68 6.51 5.71 5.61 80 8.32 7.79 6.87 6.72 5.90 5.81 81 8.75 8.22 7.06 6.93 6.11 6.02 82 9.20 8.69 7.24 7.13 6.32 6.24 83 9.69 9.19 7.41 7.33 6.55 6.48 84 10.21 9.74 7.58 7.52 6.78 6.72 85 10.77 10.33 7.74 7.69 7.03 6.98 86 7.89 7.86 7.29 7.26 87 8.03 8.01 7.57 7.54 88 8.16 8.15 7.86 7.84 89 8.28 8.27 8.17 8.15 90 8.38 8.38 8.49 8.48 91 8.48 8.48 8.83 8.82 92 8.57 8.57 9.19 9.18 93 8.65 8.64 9.58 9.56 94 8.72 8.71 10.00 9.97 95 8.78 8.77 10.45 10.40 * Adjusted Age as defined in Section 10.A. 10.A ** The guaranteed fixed income amounts are based on a guaranteed interest rate of 15%. 1.5% Dollar amounts of monthly, quarterly, semi-annual and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. Fixed Income Option 4, Table V Monthly Installment For Joint and Full Survivor Adjusted Age of Male Female Annuitant* Adjusted Age of Female Male Annuitant* 15 Years Less Than Male 12 Years Less Than Male 9 Years Less Than Male 6 Years Less Than Male 3 Years Less Than Male Same As Male 3 Years More Than Male 50 $ 2.20 $ 2.27 $ 2.34 $ 2.41 $ 2.48 $ 2.55 $ 2.62 55 2.35 2.44 2.52 2.61 2.71 2.80 2.88 60 2.54 2.64 2.76 2.88 2.99 3.11 3.23 65 2.77 2.91 3.06 3.22 3.38 3.54 3.69 70 3.08 3.26 3.46 3.67 3.89 4.11 4.33 75 3.47 3.72 3.99 4.29 4.60 4.93 5.24 80 4.01 4.35 4.74 5.17 5.62 6.08 6.53 85 4.75 5.25 5.81 6.44 7.09 7.75 8.36 * Adjusted Age as defined in Section 10.A. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. AV1343 101 178 903 Page 19 TB1261 VARIABLE INCOME OPTIONS BASED ON ASSUMED INVESTMENT RETURN ** The amounts shown in these tables are the initial payment amounts based on a 5.0% Assumed Investment Return for each $1,000 of the proceeds. Option 3-V, Table I Option 3-V, Table II Monthly Installment for life Life No Period Certain Monthly Installment for Life 10 Years Certain Age* Male Female Male Female 50 $ 5.07 $ 4.93 $ 5.04 $ 4.92 51 5.13 4.99 5.09 4.96 52 5.19 5.04 5.15 5.01 53 5.26 5.10 5.21 5.07 54 5.33 5.16 5.27 5.12 55 5.40 5.22 5.34 5.18 56 5.48 5.29 5.41 5.25 57 5.57 5.36 5.49 5.32 58 5.66 5 66 5.44 5.57 5.39 59 5.75 5.52 5.66 5.47 60 5.85 5.61 5.75 5.55 61 5.97 5.70 5.85 5.63 62 6.09 5.81 5.95 5.72 63 6.21 5.91 6.06 5.82 64 6.35 6.03 6.17 5.92 65 6.50 6.16 6.29 6.03 66 6.66 6.29 6.42 6.15 67 6.83 6.43 6.55 6.27 68 7.01 6.59 6.69 6.40 69 7.21 6.76 6.83 6.54 70 7.41 6.94 6.98 6.69 71 7.63 7.14 7.13 6.84 72 7.87 7.35 7.28 7.00 73 8.12 7.58 7.45 7.17 74 8.39 7.83 7.61 7.34 75 8 68 8.68 8.11 7.78 7.52 76 8.99 8.40 7.95 7.71 77 9.32 8.72 8.12 7.90 78 9.68 9.07 8.29 8.09 79 10.06 9.45 8.47 8.29 80 10.47 9.85 8.64 8.48 81 10.91 10.30 8.80 8.67 82 11.38 10.78 8.97 8.88 8.86 83 11.88 11.30 9.12 9.04 84 12.42 11.87 9.27 9.21 85 12.99 12.48 9.41 9.37 86 9.54 9.51 87 9.67 9.65 88 9.78 9.77 89 9.89 9.88 90 9.98 9.98 91 10.07 10.07 92 10.15 10.15 93 10.22 10.22 94 10.28 10.28 95 10.34 10.33 * Adjusted Age as defined in Section 10.A. ** The discount factor per day which corresponds to the Assumed Investment Return of 5.0% is 99986634. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. Variable Income Option 5-V, Table III Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* 50 $ 4.37 $ 4.42 $ 4.46 $ 4.51 $ 4.56 $ 4.62 $ 4.67 55 4.48 4.54 4.60 4.67 4.74 4.81 4.88 60 4.62 4.70 4.79 4.88 4.98 5.08 5.18 65 4.11 4.81 4.92 5.04 5.17 5.31 5.46 5.61 70 5.07 5.23 5.40 5.59 5.79 8.00 6.00 6.22 75 5.43 5.65 5.90 6.18 6.48 6.79 7.11 80 5.94 6.26 6.63 7.04 7.49 7.95 8.40 85 6.67 7.15 7.70 8.31 8.97 9.63 10.26 * Adjusted Age as defined in Section 10 A. 10.A. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount.
Appears in 1 contract
Determination of Subsequent Variable Payments. The amount of each variable annuity payment after the first will increase or decrease according to the value of the variable annuity units which reflect the investment experience of the selected subaccountsSubaccounts. Each variable annuity payment after the first will be equal to the number of variable annuity units in the selected subaccounts Subaccounts multiplied by the variable annuity unit value on the date the payment is made. The number of variable annuity units in each selected subaccount Subaccount is determined by dividing the first variable annuity payment allocated to the subaccount Subaccount by the variable annuity unit value of that subaccount Subaccount on the annuity commencement dateAnnuity Commencement Date. Once annuity payments Annuity Payments begin, neither expenses actually incurred other than taxes on the investment return, nor mortality actually experienced by the Company, shall adversely affect the dollar amount of variable annuity payments Variable Annuity Payments to any annuitant Annuitant for whom such payments have commenced. AV1396 101 179 1003 Page 15 CB937R GUARANTEED FIXED INCOME OPTIONS ** The amounts shown in these tables are the guaranteed amounts for each $1,000 of the proceeds. Higher current amounts may be available at the time of settlement. Option 1, Table I Option 2, Table II Option 2, Table III Option 2, Table IV Number of Years Payable Amount of Monthly Installment Monthly Installment For Life of No Period Certain Certain. Monthly Installment For Life 10 Years Certain Monthly Installment For Life Guaranteed Return of Policy Proceeds Payable Installment Age* Male Female Unisex Male Female Unisex Male Female Unisex 50 $ 2.97 $ 2.86 $ 2.90 $ 2.96 $ 2.86 2.66 $ 2.89 $ 2.79 $ 2.74 $ 2.76 51 3.04 2.92 2.96 3.02 2.91 2.94 2.84 2.79 2.80 52 3.10 2.98 3.02 3.08 2.97 3.01 2.89 2.84 2.85 53 3.18 3.05 3.09 3.15 3.03 3.07 2.94 2.89 2.90 5 17.21 17.28 54 3.25 3.11 3.15 3.22 3.10 3.14 3.00 2.94 2.96 6 14.51 55 3.33 3.18 3.23 3.30 3.17 3.21 3.06 3.00 3.02 7 12.53 56 3.41 3.26 3.30 3.38 3.24 3.28 3.12 3.06 3.07 8 11.04 57 3.50 3.34 3.39 3.46 3.32 3.36 3.18 3.12 3.14 9 9.89 58 3.60 3.42 3.47 3.55 3.39 3.44 3.25 3.18 3.20 10 8.96 59 3.69 3.51 3.58 3.65 3.48 3.53 3.32 3.25 3.27 11 8.21 60 3.80 3.60 3.66 3.75 3.57 3.62 3.39 3.32 3.34 12 7.58 61 3.91 3.70 3.76 3.85 3.66 3.72 3.46 3.39 3.41 13 7.05 62 4.03 3.81 3.87 3.96 3.76 3.82 3.54 3.47 3.49 14 6.59 63 4.16 3.92 3.99 4.07 3.87 3.63 3.93 3.83 3.55 3.57 15 6.20 64 4.30 4.04 4.12 4.20 3.98 4.04 3.72 3.63 3.66 16 5.85 65 4.45 4.16 4.25 4.32 4.09 4.16 3.81 3.72 3.75 17 5.55 66 4.60 4.30 4.39 4.46 4.22 4.29 3.91 3.81 3.84 18 5.27 67 4.77 4.45 4,45 4.54 4.60 4.35 4.42 4.01 3.91 3.94 19 5.03 68 4.96 4.95 4.60 4.71 4.75 4.49 4.57 4.11 4.01 4.04 20 4.81 69 5.14 4.77 4.88 4.90 4.64 4.71 4.23 4.12 4.15 70 5.34 4.95 5.07 5.06 4.79 4.87 4.34 4.24 4.27 71 5.56 5.15 5.27 5.22 4.95 5.03 4.47 4.36 4.39 72 5.79 5.36 5.49 5.39 5.12 5.20 4.60 4.49 4.52 73 6.03 5.59 5.72 5.56 5.30 5.38 4.73 4.62 4.66 74 6.30 5.83 5.97 5.74 5.49 5.57 4.88 4.77 4.80 75 6.58 6.10 6.24 5.93 5.68 5.76 5.03 4.92 4.95 76 6.88 6.39 6.53 6.11 5.88 5.95 5.18 5.08 5.11 77 7.20 6.70 6.85 6.30 6.09 6,15 5.35 5.25 5.28 78 7.55 7.03 7.19 6.49 6.30 5 53 6.36 5.53 5.43 5.46 79 7.92 7.40 7.55 6.68 6.51 8.51 6.56 5.71 5.61 5.64 80 8.32 7.79 7.95 6.87 6.72 6.77 5.90 5.81 5.84 81 8.75 8.22 822 8.38 7.06 6.93 6.97 6.11 6.02 6.05 82 9.20 8.69 8.84 7.24 7.13 7.16 6.32 6.24 6.27 83 9.69 9.19 9.34 7.41 7.33 7.36 6.55 6.48 6.50 84 10.21 9.74 9.88 7.58 7.52 7.54 6.78 6.72 6.74 85 10.77 10.33 10.46 7.74 7.69 7.71 7.03 6.98 7.00 86 7.89 7.86 7.87 7.29 7.26 7.27 87 8.03 8.01 8.01 7.57 7.54 7.55 88 8.16 8.15 8.15 7.86 7.84 7.85 89 8.28 8.27 8.27 8.17 8.15 8.16 90 8.38 8.38 8.38 8.49 8.48 8.48 91 8.48 8.48 8.48 8.83 8.82 8.83 92 8.57 8.57 8,57 9.19 9.18 9.19 93 8.65 8.64 8.65 9.58 9.56 9.57 94 8.72 8.71 8.71 10.00 9.97 9.98 95 8.78 8.77 8.77 10.45 10.40 10.42 * Adjusted Age as defined in Section 10.A. ** The guaranteed fixed income amounts are based on a guaranteed interest rate of 151.5%. Dollar amounts of monthly, quarterly, semi-annual and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. AV1396 101 179 1003 Page 16 T1027R Fixed Income Option 4, Table V Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* Annuitants 50 $ 2.20 $ 2.27 $ 2.34 $ 2.41 $ 2.48 $ 2.55 $ 2.62 55 2.35 2.44 2.52 2.61 2.71 2.80 2.88 60 2.54 2.64 2.84 2.76 2.88 2.99 3.11 3.23 65 2.77 2.91 3.06 3.22 3.38 3.54 3.69 70 3.08 3.26 3.46 3.67 3.89 4.11 4,11 4.33 75 3.47 3.72 3.99 4.29 4.60 4.93 5.24 80 4.01 4.35 4.74 5.17 5.62 6.08 6.53 85 4.75 5.25 5.81 6.44 7.09 7.75 8.36 Monthly Installment For Unisex Joint and Full Survivor Adjusted Age of First Annuitant* Adjusted Age of Joint Annuitant* 50 $ 2.20 $ 2.27 $ 2.34 $ 2.41 $ 2.48 $ 2.55 $ 2.61 55 2.36 2.44 2.53 2.62 2.70 2.79 2.87 60 2.55 2.65 2.76 2.88 2.99 3.10 3.20 65 2.79 2.92 3.07 3.22 3.37 3,52 3.66 70 3.10 3.28 3.47 3.67 3.88 4.09 4.28 75 3.50 3.75 4.02 4.30 4.60 4.89 5.16 80 4.06 4.40 4.78 5.19 5.62 6.04 6.44 85 4.83 5.32 5.87 6.47 7.10 7.71 8.28 * Adjusted Age as defined in Section 10.A. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. VARIABLE INCOME OPTIONS AV1396 101 179 1003 Page 17 TB1O27R BASED ON ASSUMED INVESTMENT RETURN ** The amounts shown in these tables are the initial payment amounts based on a 5.0% Assumed Investment Return for each $1,000 of the proceeds. Option 3-V, V. Table I Option 3-V, V. Table II Monthly Installment for life Life No Period Certain Monthly Installment for Life 10 Years Certain Age* Male Female Unisex Male Female Unisex 50 $ 5.07 $ 4.93 $ 4. 98 $ 5.04 $ 4.92 $ 4.95 51 5.13 4.99 5.03 5.09 4.96 5.00 52 5.19 5.04 5.08 5.15 5.01 5.05 53 5.26 5.10 5.14 5.21 5.07 5.11 54 5.33 5.16 5.21 5.27 5.12 5.17 55 5.40 5.22 5.27 5.34 5.18 5.23 56 5.48 5.29 5.35 5.41 5.25 5.30 57 5.57 5.36 5.42 5.49 5.32 5.37 58 5.66 5.44 5.50 5.57 5.39 5.44 59 5.75 5.52 5.59 5.66 5.47 5.52 60 5.85 5.61 5.68 5.75 5.55 5.61 61 5.97 5.70 5.78 5.85 5.63 5.70 62 6.09 5.81 5.89 5.95 5.72 5.79 63 6.21 5.91 6.00 6.06 5.82 5.89 64 6.35 6.03 6.13 6.17 5.92 6.00 65 6.50 6.16 6.26 6.29 6.03 6.11 66 6.66 6.29 6.40 6.42 6.15 6.23 67 6.83 6.43 6.55 6.55 6.27 6.36 68 7.01 6.59 6.69 6.71 6.89 6.40 6.49 69 7.21 6.76 6.89 6.83 6.54 6,63 70 7.41 6.94 6.98 7.08 6,98 6.69 6.77 71 7.63 7.14 7.28 7.13 6.84 6.93 72 7.87 7.35 7.50 7.28 7.00 7.09 73 8.12 7.58 7.74 7.45 7.17 7.25 74 8.39 7.83 8.00 7.61 7.34 7.42 75 8 68 8.68 8.11 8.28 7.78 7.52 7.60 76 8.99 8.40 8.58 7.95 7.71 7.78 77 9.32 8.72 8.90 8.12 7.90 7.97 78 9.68 9.88 9.07 9.25 8.29 8.09 8.16 79 10.06 9.45 9.63 8.47 8.29 8.34 80 10.47 9.85 10.04 8.64 8.48 8.53 81 10.91 10.30 10.48 8.80 8.67 8.71 82 11.38 10.78 10.96 8.97 8.88 8.86 8.89 83 11.88 11.30 11.47 9.12 9.04 9.06 84 12.42 11.87 12.03 9.27 9.21 9.23 85 12.99 12.48 12.63 9.41 9.37 9.38 86 9.54 9.51 9.52 87 9.67 9.65 9.65 88 9.78 9.77 9.77 89 9.89 9.88 9.88 90 9.98 9.98 9.98 91 10.07 10.07 10.07 92 10.15 10.15 10.15 93 10.22 10.22 10.22 94 10.28 10.28 10.28 95 10.34 10.33 10.33 * Adjusted Age as defined in Section 10.A. ** The discount factor per day which corresponds to the Assumed Investment Return of 5.0% is 99986634.99986634. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. AV1396 101 179 1003 Page 18 H1313R Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* 50 $ 4.37 $ 4.42 $ 4.46 $ 4.51 $ 4.56 $ 4.62 $ 4.67 55 4.48 4.54 4.64 4.60 4.67 4.74 4.81 4.88 60 4.62 4.70 4.79 4.88 4.98 5.08 5.18 65 4.11 4.81 4.92 5.04 5.17 5.31 6.31 5.46 5.61 70 5.07 5.23 5.40 5.59 5.79 8.00 6.00 6.22 75 5.43 5.65 5.90 6.18 6.48 6.79 7.11 80 5.94 6.26 6.63 7.04 7.49 7.95 8.40 85 6.67 7.15 7.70 8.31 8.97 9.63 10.26 Monthly Installment For Unisex Joint and Full Survivor Adjusted Age of First Annuitant* Adjusted Age of Joint Annuitant* 15 Years Less Than First 12 Years Less Than j First 9 Years Less Than First 6 Years Less Than First 3 Years Less Than First Same As First 3 Years More Than First 50 $ 4.38 $ 4.42 $ 4.47 $ 4.51 $ 4.56 $ 4.61 $ 4.66 55 4.48 4.54 4.60 4.67 4.73 4.80 4.87 60 4.63 4.70 4.79 4.88 4.97 5.07 5.16 65 4,82 4.93 5.05 5.17 5.30 5.44 5.57 70 5.09 5.24 5.41 5.59 5.78 5.97 6.16 75 5.46 5.68 5.93 6.19 6.47 6.75 7.03 80 5.99 6.31 6.67 7.07 7.48 7.90 8.30 85 6.75 7.23 7.76 8.35 8.97 9.59 10.17 * Adjusted Age as defined in Section 10 A. 10.A Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount.AV1396 101 179 1003 Page 19 J1313R
Appears in 1 contract
Samples: Separate Account VA PP
Determination of Subsequent Variable Payments. The amount of each variable annuity payment after the first will increase or decrease according to the value of the variable annuity units which reflect the investment experience of the selected subaccountsSubaccounts. Each variable annuity payment after the first will be equal to the number of variable annuity units in the selected subaccounts Subaccounts multiplied by the variable annuity unit value on the date the payment is made. The number of variable annuity units in each selected subaccount Subaccount is determined by dividing the first variable annuity payment allocated to the subaccount Subaccount by the variable annuity unit value of that subaccount Subaccount on the annuity commencement dateAnnuity Commencement Date. Once annuity payments Annuity Payments begin, neither expenses actually incurred other than taxes on the investment return, nor mortality actually experienced by the Company, shall adversely affect the dollar amount of variable annuity payments Variable Annuity Payments to any annuitant Payee for whom such payments have commenced. GUARANTEED FIXED INCOME ACCOUNT PAYMENT OPTIONS ** The amounts shown in these tables are the guaranteed amounts for each $1,000 of the proceeds. Higher current amounts may be available at the time of settlement. ------------------------------------------------------------------------------------------------------------------------------- Option 12, Table I Option 23, Table II Option 23, Table III Option 23, Table IV ------------------------------------------------------------------------------------------------------------------------------- Number Amount of Years Amount of Monthly Monthly Installment For Life No Period Certain Monthly Installment For Life 10 Years Certain Monthly Installment For Life Years Installment Period Certain 10 Years Certain Guaranteed Return of Policy Of Payable Proceeds Payable Installment Age* ------------------------------------------------------------------------------------------------------------------------------- Age Male Female Unisex Male Female Unisex Male Female Unisex * ------------------------------------------------------------------------------------------------------------------------------- 50 $ 2.97 $ 2.86 $ 2.96 $ 2.86 $ 2.79 $ 2.74 $3.82 $3.70 $3.74 $3.80 $3.69 $3.72 $3.70 $3.62 $3.65 51 3.04 2.92 3.02 2.91 2.84 2.79 3.89 3.76 3.80 3.86 3.74 3.78 3.75 3.67 3.70 52 3.10 2.98 3.08 2.97 2.89 2.84 53 3.18 3.05 3.15 3.03 2.94 2.89 5 17.21 54 3.25 3.11 3.22 3.10 3.00 2.94 6 14.51 55 3.33 3.18 3.30 3.17 3.06 3.00 7 12.53 56 3.41 3.26 3.38 3.24 3.12 3.06 8 11.04 57 3.50 3.34 3.46 3.32 3.18 3.12 9 9.89 58 3.60 3.42 3.55 3.39 3.25 3.18 10 8.96 59 3.69 3.51 3.65 3.48 3.32 3.25 11 8.21 60 3.95 3.81 3.86 3.92 3.80 3.60 3.75 3.57 3.39 3.32 12 7.58 61 3.91 3.70 3.85 3.66 3.46 3.39 13 7.05 62 4.03 3.81 3.96 3.76 3.54 3.47 14 6.59 63 4.16 3.92 4.07 3.87 3.63 3.55 15 6.20 64 4.30 4.04 4.20 3.98 3.72 3.63 16 5.85 65 4.45 4.16 4.32 4.09 3.84 3.81 3.72 3.75 53 4.02 3.88 3.92 3.99 3.86 3.90 3.87 3.78 3.80 5 17.91 54 4.10 3.94 3.99 4.06 3.92 3.96 3.93 3.83 3.86 6 15.14 55 4.18 4.01 4.06 4.13 3.99 4.03 3.99 3.89 3.92 7 13.16 56 4.26 4.08 4.14 4.21 4.06 4.10 4.06 3.95 3.98 8 11.68 57 4.35 4.16 4.22 4.29 4.13 4.18 4.13 4.02 4.05 9 10.53 58 4.44 4.24 4.30 4.38 4.21 4.26 4.20 4.08 4.12 10 9.61 59 4.54 4.33 4.39 4.47 4.29 4.35 4.27 4.16 4.19 11 8.86 60 4.64 4.42 4.49 4.57 4.38 4.44 4.36 4.23 4.27 12 8.24 61 4.76 4.52 4.59 4.67 4.47 4.53 4.44 4.31 4.35 13 7.71 62 4.88 4.63 4.70 4.78 4.57 4.63 4.53 4.39 4.43 14 7.26 63 5.01 4.74 4.82 4.89 4.67 4.74 4.62 4.48 4.52 15 6.87 64 5.15 4.86 4.94 5.01 4.78 4.85 4.72 4.57 4.62 16 6.53 65 5.30 4.98 5.08 5.14 4.89 4.97 4.83 4.67 4.72 17 6.23 66 5.46 5.12 5.22 5.27 5.02 5.09 4.94 4.78 4.82 18 5.96 67 5.63 5.27 5.37 5.41 5.14 5.22 5.05 4.89 4.94 19 5.73 68 5.81 5.42 5.54 5.55 66 4.60 4.30 4.46 4.22 3.91 3.81 18 5.27 67 4.77 4.45 4.60 4.35 4.01 3.91 19 5.03 68 4.96 4.60 4.75 4.49 4.11 4.01 5.28 5.36 5.17 5.00 5.05 20 4.81 5.51 69 5.14 4.77 4.90 4.64 4.23 4.12 6.00 5.59 5.71 5.70 5.42 5.51 5.30 5.13 5.18 70 5.34 4.95 5.06 4.79 4.34 4.24 6.21 5.78 5.90 5.86 5.58 5.66 5.43 5.26 5.31 71 5.56 5.15 5.22 4.95 4.47 4.36 72 5.79 5.36 5.39 5.12 4.60 4.49 73 6.03 5.59 5.56 5.30 4.73 4.62 74 6.30 5.83 5.74 5.49 4.88 4.77 75 6.58 6.10 5.93 5.68 5.03 4.92 76 6.88 6.39 6.11 5.88 5.18 5.08 77 7.20 6.70 6.30 6.09 5.35 5.25 78 7.55 7.03 6.49 6.30 5 53 5.43 79 7.92 7.40 6.68 6.51 5.71 5.61 80 8.32 7.79 6.87 6.72 5.90 5.81 81 8.75 8.22 7.06 6.93 6.43 5.97 6.11 6.02 5.74 5.82 5.58 5.39 5.45 72 6.66 6.19 6.33 6.18 5.90 5.99 5.72 5.54 5.59 73 6.91 6.42 6.56 6.35 6.08 6.16 5.88 5.70 5.75 74 7.18 6.67 6.82 6.53 6.26 6.34 6.05 5.86 5.92 75 7.46 6.94 7.09 6.70 6.45 6.53 6.22 6.04 6.09 76 7.77 7.23 7.39 6.88 6.65 6.72 6.40 6.22 6.27 77 8.10 7.55 7.71 7.07 6.85 6.91 6.60 6.42 6.47 78 8.45 7.89 8.05 7.25 7.05 7.11 6.80 6.63 6.68 79 8.83 8.26 8.43 7.43 7.26 7.31 7.01 6.85 6.90 80 9.23 8.66 8.83 7.61 7.46 7.51 7.24 7.08 7.13 81 9.66 9.10 9.27 7.79 7.66 7.70 7.47 7.33 7.37 82 9.20 8.69 7.24 7.13 6.32 6.24 10.13 9.57 9.74 7.97 7.86 7.89 7.72 7.59 7.63 83 9.69 9.19 7.41 7.33 6.55 6.48 10.62 10.09 10.24 8.13 8.05 8.07 7.98 7.86 7.90 84 10.21 9.74 7.58 7.52 6.78 6.72 11.15 10.64 10.79 8.29 8.23 8.25 8.26 8.15 8.18 85 10.77 10.33 7.74 7.69 7.03 6.98 11.72 11.24 11.38 8.44 8.40 8.41 8.55 8.45 8.48 86 7.89 7.86 7.29 7.26 12.32 11.89 12.02 8.59 8.56 8.56 8.85 8.77 8.80 87 8.03 8.01 7.57 7.54 12.97 12.59 12.70 8.72 8.70 8.71 9.17 9.11 9.12 88 8.16 8.15 7.86 7.84 13.65 13.33 13.42 8.84 8.83 8.83 9.50 9.45 9.47 89 8.28 8.27 8.17 8.15 14.38 14.11 14.19 8.95 8.95 8.95 9.85 9.82 9.83 90 8.38 8.38 8.49 8.48 15.16 14.94 15.00 9.06 9.05 9.05 10.22 10.19 10.20 91 8.48 8.48 8.83 8.82 15.97 15.80 15.85 9.15 9.15 9.15 10.61 10.59 10.59 92 8.57 8.57 9.19 9.18 16.84 16.70 16.74 9.23 9.23 9.23 11.01 11.00 11.00 93 8.65 8.64 9.58 9.56 17.75 17.63 17.67 9.31 9.31 9.31 11.45 11.42 11.43 94 8.72 8.71 10.00 9.97 18.72 18.60 18.64 9.37 9.37 9.37 11.92 11.88 11.89 95 8.78 8.77 10.45 10.40 * Adjusted Age as defined in Section 10.A. 19.77 19.62 19.66 9.43 9.43 9.43 12.42 12.36 12.38 ------------------------------------------------------------------------------------------------------------------------------- ** The guaranteed fixed income amounts are based on a guaranteed interest rate of 15%. Dollar amounts of monthly, quarterly, semi-annual and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. Fixed Income Option 4, Table V Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* 50 $ 2.20 $ 2.27 $ 2.34 $ 2.41 $ 2.48 $ 2.55 $ 2.62 55 2.35 2.44 2.52 2.61 2.71 2.80 2.88 60 2.54 2.64 2.76 2.88 2.99 3.11 3.23 65 2.77 2.91 3.06 3.22 3.38 3.54 3.69 70 3.08 3.26 3.46 3.67 3.89 4.11 4.33 75 3.47 3.72 3.99 4.29 4.60 4.93 5.24 80 4.01 4.35 4.74 5.17 5.62 6.08 6.53 85 4.75 5.25 5.81 6.44 7.09 7.75 8.36 * Adjusted Age as defined in Section 10.A. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. VARIABLE INCOME OPTIONS BASED ON ASSUMED INVESTMENT RETURN ** The amounts shown in these tables are the initial payment amounts based on a 5.0% Assumed Investment Return for each $1,000 of the proceedsCompany. Option 3-V5V, Table I Option 3-V, Table II IV ------------------- Monthly Installment for life No Period Certain For Joint and Full Survivor -------------------------------------------------------------------------------- Age of Female Annuitant* --------------------------------------------------------------------- Age of 15 Years 12 Years 9 Years 6 Years 3 Years Same As 3 Years Male Less Than Less Than Less Than Less Than Less Than Male More Than Annuitant* Male Male Male Male Male Male -------------------------------------------------------------------------------- 50 $3.06 $3.12 $3.19 $3.25 $3.31 $3.38 $3.44 55 3.20 3.27 3.35 3.44 3.52 3.61 3.69 60 3.37 3.47 3.57 3.68 3.79 3.91 4.02 65 3.59 3.72 3.86 4.01 4.16 4.32 4.47 70 3.88 4.06 4.25 4.45 4.67 4.89 5.11 -------------------------------------------------------------------------------- Monthly Installment for Life 10 For Unisex Joint and Full Survivor -------------------------------------------------------------------------------- Age of Joint Annuitant* --------------------------------------------------------------------- Age of 15 Years Certain Age12 Years 9 Years 6 Years 3 Years Same As 3 Years First Less Than Less Than Less Than Less Than Less Than First More Than Annuitant* Male Female Male Female First First First First First First -------------------------------------------------------------------------------- 50 $ 5.07 $ 4.93 $ 5.04 $ 4.92 51 5.13 4.99 5.09 4.96 52 5.19 5.04 5.15 5.01 53 5.26 5.10 5.21 5.07 54 5.33 5.16 5.27 5.12 $3.07 $3.13 $3.19 $3.25 $3.31 $3.37 $3.43 55 5.40 5.22 5.34 5.18 56 5.48 5.29 5.41 5.25 57 5.57 5.36 5.49 5.32 58 5.66 5.44 5.57 5.39 59 5.75 5.52 5.66 5.47 3.20 3.28 3.36 3.44 3.52 3.60 3.67 60 5.85 5.61 5.75 5.55 61 5.97 5.70 5.85 5.63 62 6.09 5.81 5.95 5.72 63 6.21 5.91 6.06 5.82 64 6.35 6.03 6.17 5.92 3.38 3.48 3.58 3.68 3.79 3.89 4.00 65 6.50 6.16 6.29 6.03 66 6.66 6.29 6.42 6.15 67 6.83 6.43 6.55 6.27 68 7.01 6.59 6.69 6.40 69 7.21 6.76 6.83 6.54 3.61 3.73 3.87 4.01 4.16 4.30 4.44 70 7.41 6.94 6.98 6.69 71 7.63 7.14 7.13 6.84 72 7.87 7.35 7.28 7.00 73 8.12 7.58 7.45 7.17 74 8.39 7.83 7.61 7.34 75 8 68 8.11 7.78 7.52 76 8.99 8.40 7.95 7.71 77 9.32 8.72 8.12 7.90 78 9.68 9.07 8.29 8.09 79 10.06 9.45 8.47 8.29 80 10.47 9.85 8.64 8.48 81 10.91 10.30 8.80 8.67 82 11.38 10.78 8.97 8.88 83 11.88 11.30 9.12 9.04 84 12.42 11.87 9.27 9.21 85 12.99 12.48 9.41 9.37 86 9.54 9.51 87 9.67 9.65 88 9.78 9.77 89 9.89 9.88 90 9.98 9.98 91 10.07 10.07 92 10.15 10.15 93 10.22 10.22 94 10.28 10.28 95 10.34 10.33 * 3.90 4.07 4.26 4.46 4.66 4.86 5.05 -------------------------------------------------------------------------------- *Adjusted Age as defined in Section 10.A. ** The discount factor per day which corresponds to the Assumed Investment Return of 5.0% is 99986634. 10.A -------------------------------------------------------------------------------- Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if Company. VARIABLE PAYMENT OPTIONS BASED ON ASSUMED INVESTMENT RETURN The amounts shown in these tables are the option is available initial payment amounts based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides 5.0% Assumed Investment Return for installment payments each $1,000 of the same amount at some ages for different periods certainproceeds. --------------------------------------------------------------------------------------------- Option 3-V, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. Table II Option 3-V, Table III --------------------------------------------------------------------------------------------- Monthly Installment For Joint and Full Survivor Adjusted Age of for Life Monthly Installment for Life No Period Certain 10 Years Certain --------------------------------------------------------------------------------------------- Age* Male Annuitant* Adjusted Age of Female Annuitant* Unisex Male Female Unisex 50 $ 4.37 $ 4.42 $ 4.46 $ 4.51 $ 4.56 $ 4.62 $ 4.67 $5.07 $4.93 $4.98 $5.04 $4.92 $4.95 51 5.13 4.99 5.03 5.09 4.96 5.00 52 5.19 5.04 5.08 5.15 5.01 5.05 53 5.26 5.10 5.14 5.21 5.07 5.11 54 5.33 5.16 5.21 5.27 5.12 5.17 55 4.48 4.54 4.60 4.67 4.74 4.81 4.88 5.40 5.22 5.27 5.34 5.18 5.23 56 5.48 5.29 5.35 5.41 5.25 5.30 57 5.57 5.36 5.42 5.49 5.32 5.37 58 5.66 5.44 5.50 5.57 5.39 5.44 59 5.75 5.52 5.59 5.66 5.47 5.52 60 4.62 4.70 4.79 4.88 4.98 5.08 5.18 5.85 5.61 5.68 5.75 5.55 5.61 61 5.97 5.70 5.78 5.85 5.63 5.70 62 6.09 5.81 5.89 5.95 5.72 5.79 63 6.21 5.91 6.00 6.06 5.82 5.89 64 6.35 6.03 6.13 6.17 5.92 6.00 65 4.11 4.92 5.04 5.17 5.31 5.46 5.61 6.50 6.16 6.26 6.29 6.03 6.11 66 6.66 6.29 6.40 6.42 6.15 6.23 67 6.83 6.43 6.55 6.55 6.27 6.36 68 7.01 6.59 6.71 6.69 6.40 6.49 69 7.21 6.76 6.89 6.83 6.54 6.63 70 5.07 5.23 5.40 5.59 5.79 7.41 6.94 7.08 6.98 6.69 6.77 71 7.63 7.14 7.28 7.13 6.84 6.93 72 7.87 7.35 7.50 7.28 7.00 7.09 73 8.12 7.58 7.74 7.45 7.17 7.25 74 8.39 7.83 8.00 6.22 7.61 7.34 7.42 75 5.43 5.65 5.90 6.18 6.48 6.79 7.11 8.68 8.11 8.28 7.78 7.52 7.60 76 8.99 8.40 8.58 7.95 7.71 7.78 77 9.32 8.72 8.90 8.12 7.90 7.97 78 9.68 9.07 9.25 8.29 8.09 8.16 79 10.06 9.45 9.63 8.47 8.29 8.34 80 5.94 6.26 6.63 7.04 7.49 7.95 8.40 10.47 9.85 10.04 8.64 8.48 8.53 81 10.91 10.30 10.48 8.80 8.67 8.71 82 11.38 10.78 10.96 8.97 8.86 8.89 83 11.88 11.30 11.47 9.12 9.04 9.06 84 12.42 11.87 12.03 9.27 9.21 9.23 85 6.67 7.15 7.70 8.31 8.97 9.63 10.26 * 12.99 12.48 12.63 9.41 9.37 9.38 86 13.60 13.13 13.27 9.54 9.51 9.52 87 14.26 13.84 13.96 9.67 9.65 9.65 88 14.95 14.59 14.70 9.78 9.77 9.77 89 15.69 15.39 15.48 9.89 9.88 9.88 90 16.47 16.23 16.30 9.98 9.98 9.98 91 17.29 17.10 17.16 10.07 10.07 10.07 92 18.16 18.01 18.05 10.15 10.15 10.15 93 19.07 18.95 18.98 10.22 10.22 10.22 94 20.05 19.92 19.96 10.28 10.28 10.28 95 21.09 20.94 20.99 10.34 10.33 10.33 --------------------------------------------------------------------------------------------- *Adjusted Age as defined in Section 10 A. 10.A. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Company. Option 5V, Table IV ------------------- Monthly Installment For Joint and Full Survivor -------------------------------------------------------------------------------- Age of Female Annuitant* --------------------------------------------------------------------- Age of 15 Years 12 Years 9 Years 6 Years 3 Years Same As 3 Years Male Less Than Less Than Less Than Less Than Less Than Male More Than Annuitant* Male Male Male Male Male Male -------------------------------------------------------------------------------- 50 $4.37 $4.42 $4.46 $4.51 $4.56 $4.62 $4.67 55 4.48 4.54 4.60 4.67 4.74 4.81 4.88 60 4.62 4.70 4.79 4.88 4.98 5.08 5.18 65 4.81 4.92 5.04 5.17 5.31 5.46 5.61 70 5.07 5.23 5.40 5.59 5.79 6.00 6.22 -------------------------------------------------------------------------------- Monthly Installment For Unisex Joint and Full Survivor -------------------------------------------------------------------------------- Age of Joint Annuitant* --------------------------------------------------------------------- Age of 15 Years 12 Years 9 Years 6 Years 3 Years Same As 3 Years First Less Than Less Than Less Than Less Than Less Than First More Than Annuitant* First First First First First First -------------------------------------------------------------------------------- 50 $4.38 $4.42 $4.47 $4.51 $4.56 $4.61 $4.66 55 4.48 4.54 4.60 4.67 4.73 4.80 4.87 60 4.63 4.70 4.79 4.88 4.97 5.07 5.16 65 4.82 4.93 5.05 5.17 5.30 5.44 5.57 70 5.09 5.24 5.41 5.59 5.78 5.97 6.16 -------------------------------------------------------------------------------- *Adjusted Age as described defined in Section 10). If any life income settlement option with a period certain provides for installment payments 10.A -------------------------------------------------------------------------------- Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same amount at some ages for different periods certain, basis as those shown and may be obtained from the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amountCompany.
Appears in 1 contract
Samples: Separate Account Va 2lny of First Transamerica Life Ins Co
Determination of Subsequent Variable Payments. The amount of each variable annuity payment after the first will increase or decrease according to the value of the variable annuity units which reflect the investment experience of the selected subaccountsSubaccounts. Each variable annuity payment after the first will be equal to the number of variable annuity units in the selected subaccounts Subaccounts multiplied by the variable annuity unit value on the date the payment is made. The number of variable annuity units in each selected subaccount Subaccount is determined by dividing the first variable annuity payment allocated to the subaccount Subaccount by the variable annuity unit value of that subaccount Subaccount on the annuity commencement dateAnnuity Commencement Date. Once annuity payments Annuity Payments begin, neither expenses actually incurred other than taxes on the investment return, nor mortality actually experienced by the Company, shall adversely affect the dollar amount of variable annuity payments Variable Annuity Payments to any annuitant Annuitant for whom such payments have commenced. AV1397 101 179 1003 Page 15 CB1113 GUARANTEED FIXED INCOME OPTIONS ** The amounts shown in these tables are the guaranteed amounts for each $1,000 of the proceeds. Higher current amounts may be available at the time of settlement. Option 1, Table I Option 2, Table II Option 2, Table III Option 2, Table IV Number of Years Payable Amount of Monthly Installment Monthly Installment For Life No Period .Period Certain Monthly Installment For Life 10 Years Certain Monthly Installment For Life Guaranteed Return of Policy Proceeds Payable Installment Age* Male Female Unisex Male Female Unisex Male Female Unisex 50 $ 2.97 $ 2.86 $ 2.90 $ 2.96 $ 2.86 $ 2.89 $ 2.79 $ 2.74 $ 2.76 51 3.04 2.92 2.96 3.02 2.91 2.94 2.84 2.79 2.80 52 3.10 2.98 3.02 3.08 2.97 3.01 2.89 2.84 2.85 53 3.18 3.05 3.09 3.15 3.03 3.07 2.94 2.89 2.90 5 17.21 17.28 54 3.25 3.11 3.15 3.22 3.10 3.14 3.00 2.94 2.96 6 14.51 55 3.33 3.18 3.23 3.30 3.17 3.21 3.06 3.00 3.02 7 12.53 56 3.41 3.26 3.30 3.38 3.24 3.28 3.12 3.06 3.07 8 11.04 57 3.50 3.34 3.39 3.46 3.32 3.36 3.18 3.12 3.14 9 9.89 58 3.60 3.42 3.47 3.55 3.39 3.44 3.25 3.18 3.20 10 8.96 59 3.69 3.51 3.56 3.65 3.48 3.53 3.32 3.25 3.27 11 8.21 60 3.80 3.60 3.66 3.75 3.57 3.62 3.39 3.32 3.34 12 7.58 61 3.91 3.70 3.76 3.85 3.66 3.72 3.46 3.39 3.41 13 7.05 62 4.03 3.81 3.87 3.96 3.76 3.82 3.54 3.47 3.49 14 6.59 63 4.16 3.92 3.99 4.07 3.87 3.93 3.63 3.55 3.57 15 6.20 64 4.30 4.04 4.12 4.20 3.98 4.04 3.72 3.63 3.66 16 5.85 65 4.45 4.16 4.25 4.32 4.09 4.16 3.81 3.72 3.75 17 5.55 66 4.60 4.30 4.39 4.46 4.22 4.29 3.91 3.81 3.84 18 5.27 67 4.77 4.45 4.54 4.60 4.35 4.42 4.01 3.91 3.94 19 5.03 68 4.96 4.95 4.60 4.71 4.75 4.49 4.57 4.11 4.01 4.04 20 4.81 69 5.14 4.77 4.88 4.90 4.64 4.71 4.23 4.12 4.15 70 5.34 4.95 5.07 5.06 4.79 4.87 4.34 4.24 4.27 71 5.56 5.15 5.27 5.22 4.95 5.03 4.47 4.36 4.39 72 5.79 5.36 5.49 5.39 5.12 5.20 4.60 4.49 4.52 73 6.03 5.59 5.72 5.56 5.30 5.38 4.73 4.62 4.66 74 6.30 5.83 5.97 5.74 5.49 5.57 4.88 4.77 4.80 75 6.58 6.10 6. 24 5.93 5.68 5.76 5.03 4.92 4.95 76 6.88 6.39 6. 53 6.11 5.88 5.95 5.18 5.08 5.11 77 7.20 6.70 6.85 6.30 6.09 6.15 5.35 5.25 5.28 78 7.55 7.03 7.19 6.49 6.30 5 53 6.36 5.53 5.43 5.46 79 7.92 7.40 7.55 6.68 6.51 6.56 5.71 5.61 5.64 80 8.32 7.79 7.95 6.87 6.72 6.77 5.90 5.81 5.84 81 8.75 8.22 8.38 7.06 6.93 6.97 6.11 6.02 6.05 82 9.20 8.69 8.84 7.24 7.13 7.16 6.32 6.24 6.27 83 9.69 9.19 9.34 7.41 7.33 7.36 6.55 6.48 6.50 84 10.21 9.74 9.88 7.58 7.52 6.78 7.54 6. 78 6.72 6.74 85 10.77 10.33 10.46 7.74 7.69 7.71 7.03 6.98 7.00 86 7.89 7.86 7.87 7.29 7.26 7.27 87 8.03 8.01 8.01 7.57 7.54 7.55 88 8.16 8.15 8.15 7.86 7.84 7.85 89 8.28 8.27 8.27 8.17 8.15 8.16 90 8.38 8.38 8.38 8.49 8.48 8.48 91 8.48 8.48 8.48 8.83 8.82 8.83 92 8.57 8.57 8.57 9.19 9.18 9.19 93 8.65 8.64 8.65 9.58 9.56 9.57 94 8.72 8.71 8.71 10.00 9.97 9.98 95 8.78 8.77 8.77 10.45 10.40 10.42 * Adjusted Age as defined in Section 10.A. ** The guaranteed fixed income amounts are based on a guaranteed interest rate of 151.5%. Dollar amounts of monthly, quarterly, semi-annual and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. AV1397 101 179 1003 Page 16 T1322 Fixed Income Option 4, Table V Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* 50 $ 2.20 $ 2.27 $ 2.34 $ 2.41 $ 2.48 $ 2.55 $ 2.62 55 2.35 2.44 2.52 2.61 2.71 2.80 2.88 60 2.54 2.64 2.76 2.88 2.99 3.11 3.23 65 2.77 2.91 3.06 3.22 3.38 3.54 3.69 70 3.08 3.26 3.46 3.67 3.89 4.11 4.33 75 3.47 3.72 3.99 4.29 4.60 4.93 5.24 80 4.01 4.35 4.74 5.17 5.62 6.08 6.53 85 4.75 5.25 5.81 6.44 7.09 7.75 8.36 Monthly Installment For Unisex Joint and Full Survivor Adjusted Age of First Annuitant* Adjusted Age of Joint Annuitant* 15 Years Less Than First 12 Years Less Than First 9 Years Less Than First 6 Years Less Than First 3 Years Less Than First Same As First 3 Years More Than First 50 $ 2.20 $ 2.27 $ 2.34 $ 2.41 $ 2.48 $ 2.55 $ 2.61 55 2.36 2.44 2.53 2.62 2.70 2.79 2.87 60 2.55 2.65 2.76 2.88 2.99 3.10 3.20 65 2.79 2.92 3.07 3.22 3.37 3.52 3.66 70 3.10 3.28 3.47 3.67 3.88 4.09 4.28 75 3.50 3.75 4.02 4.30 4.60 4.89 5.16 80 4.06 4.40 4.78 5.19 5.62 6.04 6.44 85 4.83 5.32 5.87 6.47 7.10 7.71 8.28 * Adjusted Age as defined in Section 10.A. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. VARIABLE INCOME OPTIONS BASED ON ASSUMED INVESTMENT RETURN ** The amounts shown in these tables are the initial payment amounts based on a 5.0% Assumed Investment Return for each $1,000 of the proceeds. Option 3-V, Table I Option 3-V, Table II Monthly Installment for life Life No Period Certain Monthly Installment for Life 10 Years Certain Age* Male Female Unisex Male Female Unisex 50 $ $5.07 $ $4.93 $ $4.98 $5.04 $ $4.92 $4.95 51 5.13 4.99 5.03 5.09 4.96 5.00 52 5.19 5.04 5.08 5.15 5.01 5.05 53 5.26 5.10 5.14 5.21 5.07 5.11 54 5.33 5.16 5.21 5.27 5.12 5.17 55 5.40 5.22 5.27 5.34 5.18 5.23 56 5.48 5.29 5.35 5.41 5.25 5.30 57 5.57 5.36 5.42 5.49 5.32 5.37 58 5.66 5.44 5.50 5.57 5.39 5.44 59 5.75 5.52 5.59 5.66 5.47 5.52 60 5.85 5.61 5.68 5.75 5.55 5.61 61 5.97 5.70 5.78 5.85 5.63 5.70 62 6.09 5.81 5.89 5.95 5.72 5.79 63 6.21 5.91 6.00 6.06 5.82 5.89 64 6.35 6.03 6. 03 6.13 6.17 5.92 6.00 65 6.50 6.16 6.26 6.29 6.03 6.11 66 6.66 6.29 6.40 6.42 6.15 6.23 67 6.83 6.43 6.55 6.55 6.27 6.36 68 7.01 6.59 6.71 6.69 6.40 6.49 69 7.21 6.76 6.89 6.83 6.54 6.63 70 7.41 6.94 7.08 6.98 6.69 6.77 71 7.63 7.14 7.28 7.13 6.84 6.93 72 7.87 7.35 7.50 7.28 7.00 7.09 73 8.12 7.58 7.74 7.45 7.17 7.25 74 8.39 7.83 8.00 7.61 7.34 7.42 75 8 68 8.68 8.11 8.28 7.78 7.52 7.60 76 8.99 8.40 8.58 7.95 7.71 7.78 77 9.32 8.72 8.90 8.12 7.90 7.97 78 9.68 9.07 9.25 8.29 8.09 8.16 79 10.06 9.45 9.63 8.47 8.29 8.34 80 10.47 9.85 10.04 8.64 8.48 8.53 81 10.91 10.30 10.48 8.80 8.67 8.71 82 11.38 10.78 10.96 8.97 8.88 8.86 8.89 83 11.88 11.30 11.47 9.12 9.04 9.06 84 12.42 11.87 12.03 9.27 9.21 9.23 85 12.99 12.48 12.63 9.41 9.37 9.38 86 9.54 9.51 9.52 87 9.67 9.65 9.65 88 9.78 9.77 9.77 89 9.89 9.88 9.88 90 9.98 9.98 9.98 91 10.07 10.07 10.07 92 10.15 10.15 10.15 93 10.22 10.22 10.22 94 10.28 10.28 10.28 95 10.34 10.33 10.33 * Adjusted Age as defined in Section 10.A. ** The discount factor per day which corresponds to the Assumed Investment Return of 5.0% is 99986634.99986634. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certainAV1397 101 179 1003 Page 18 H1860 Variable Income Option 5-V, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. Table III Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* 50 $ 4.37 $ 4.42 $ 4.46 $ 4.51 $ 4.56 $ 4.62 $ 4.67 55 4.48 4.54 4.60 4.67 4.74 4.81 4.88 60 4.62 4.70 4.79 4.88 4.98 5.08 5.18 65 4.11 4.81 4.92 5.04 5.17 5.31 5.46 5.61 70 5.07 5.23 5.40 5.59 5.79 8.00 6.00 6.22 75 5.43 5.65 5.90 6.18 6.48 6.79 7.11 80 5.94 6.26 6.63 7.04 7.49 7.95 8.40 85 6.67 7.15 7.70 8.31 8.97 9.63 10.26 Monthly Installment For Unisex Joint and Full Survivor Adjusted Age of First Annuitant* Adjusted Age of Joint Annuitant* 15 Years Less Than First 12 Years Less Than First 9 Years Less Than First 6 Years Less Than First 3 Years Less Than First Same As First 3 Years More Than First 50 $ 4.38 $ 4.42 $ 4.47 $ 4.51 $ 4.56 $ 4.61 $ 4.66 55 4.48 4.54 4.60 4.67 4.73 4.80 4.87 60 4.63 4.70 4.79 4.88 4.97 5.07 5.16 65 4.82 4.93 5.05 5.17 5.30 5.44 5.57 70 5.09 5.24 5.41 5.59 5.78 5.97 6.16 75 5.46 5.68 5.93 6.19 6.47 6.75 7.03 80 5.99 6.31 6.67 7.07 7.48 7.90 8.30 85 6.75 7.23 7.76 8.35 8.97 9.59 10.17 * Adjusted Age as defined in Section 10 A. 10.A Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount.AV1397 101 179 1003 Page 19 J1860
Appears in 1 contract
Determination of Subsequent Variable Payments. The amount of each variable annuity payment after the first will increase or decrease according to the value of the variable annuity units which reflect the investment experience of the selected subaccounts. Each variable annuity payment after the first will be equal to the number of variable annuity units in the selected subaccounts multiplied by the variable annuity unit value on the date the payment is made. The number of variable annuity units in each selected subaccount is determined by dividing the first variable annuity payment allocated to the subaccount by the variable annuity unit value of that subaccount on the annuity commencement datecate. Once annuity payments begin, neither expenses actually incurred other than taxes on the investment return, nor mortality actually experienced by the Company, shall adversely affect the dollar amount of variable annuity payments to any annuitant for whom such payments have commenced. GUARANTEED FIXED INCOME OPTIONS ** The amounts shown in these tables are the guaranteed amounts for each $1,000 of the proceeds. Higher current amounts may be available at the time of settlement. settlement Option 1, Table I Option 2, Table II Option 2, Table III Option 2, Table IV Number of Years Payable Amount of Monthly Installment Monthly Installment For Life No Period Certain Monthly Installment For Life 10 Years Certain Monthly Installment For Life Guaranteed Return of Policy Proceeds Payable Installment Age* Male Female Male Female Male Female 50 $ 2.97 $ 2.86 $ 2.96 $ 2.86 $ 2.79 $ 2.74 51 3.04 2.92 3.02 2.91 2.84 2.79 52 3.10 2.98 3.08 2.97 2.89 2.84 53 3.18 3.05 3.15 3.03 2.94 2.89 5 17.21 17.28 54 3.25 3.11 3.22 3.10 3.00 2.94 6 14.51 55 3.33 3.18 3.30 3.17 3.06 3.00 7 12.53 56 3.41 3.26 3.38 3.24 3.12 3.06 8 11.04 57 3.50 3 50 3.34 3.46 3.32 3.18 3.12 9 9.89 58 3.60 3.42 3.55 3.39 3.25 3.18 10 8.96 59 3.69 3.51 3.65 3.48 3.32 3.25 11 8.21 60 3.80 3.60 3.75 3.57 3.39 3.32 12 7.58 61 3.91 3.70 3.85 3.66 3.46 3.39 13 7.05 62 4.03 3.81 3.96 3.76 3.54 3.47 14 6.59 63 4.16 3.92 4.07 3.87 3.63 3.55 15 6.20 64 4.30 4.04 4.20 3.98 3.72 3.63 16 5.85 65 4.45 4.16 4.32 4.09 3.81 3.72 17 5.55 66 4.60 4.30 4.46 4.22 3.91 3.81 18 5.27 67 4.77 4.45 4.60 4.35 4.01 3.91 19 5.03 68 4.96 4.95 4.60 4.75 4.49 4.11 4.01 20 4.81 69 5.14 4.77 4.90 4.64 4.23 4.12 70 5.34 4.95 5.06 4.79 4.34 4.24 71 5.56 5.15 5.22 4.95 4.47 4.36 72 5.79 5.36 5.39 5.12 4.60 4.49 73 6.03 5.59 5.56 5 56 5.30 4.73 4.62 74 6.30 5.83 5.74 5.49 4.88 4.77 75 6.58 6.10 5.93 5.68 5.03 4.92 76 6.88 6.39 6.11 5.88 5.18 5.08 77 7.20 6.70 6.30 6.09 5.35 5.25 78 7.55 7.03 6.49 6.30 5 53 5.53 5.43 79 7.92 7.40 6.68 6.51 5.71 5.61 80 8.32 7.79 6.87 6.72 5.90 5.81 81 8.75 8.22 7.06 6.93 6.11 6.02 82 9.20 8.69 7.24 7.13 6.32 6.24 83 9.69 9.19 7.41 7.33 6.55 6.48 84 10.21 9.74 7.58 7.52 6.78 6.72 85 10.77 10.33 7.74 7.69 7.03 6.98 86 7.89 7.86 7.29 7.26 87 8.03 8.01 7.57 7.54 88 8.16 8.15 7.86 7.84 89 8.28 8.27 8.17 8.15 90 8.38 8.38 8.49 8.48 91 8.48 8.48 8.83 8.82 92 8.57 8.57 9.19 9.18 93 8.65 8.64 9.58 9.56 94 8.72 8.71 10.00 9.97 95 8.78 8.77 10.45 10.40 * Adjusted Age as defined in Section 10.A. ** The guaranteed fixed income amounts are based on a guaranteed interest rate of 15%. Dollar amounts of monthly, quarterly, semi-annual and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. Fixed Income Option 4, Table V Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* 50 $ 2.20 $ 2.27 $ 2.34 $ 2.41 $ 2.48 $ 2.55 $ 2.62 55 2.35 2.44 2.52 2.61 2.71 2.80 2.88 60 2.54 2.64 2.76 2.88 2.99 3.11 3.23 65 2.77 2.91 3.06 3.22 3.38 3.54 3.69 70 3.08 3.26 3.46 3.67 3.89 4.11 4.33 75 3.47 3.72 3.99 4.29 4.60 4.93 5.24 80 4.01 4.35 4.74 5.17 5.62 6.08 6.53 85 4.75 5.25 5.81 6.44 7.09 7.75 8.36 * Adjusted Age as defined in Section 10.A. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. AV1343 101 178 903 Page 19 TB1261 VARIABLE INCOME OPTIONS BASED ON ASSUMED INVESTMENT RETURN ** The amounts shown in these tables are the initial payment amounts based on a 5.05. 0% Assumed Assumed. Investment Return for each $$ 1,000 of the proceeds. Option 3-V, Table I Option 3-V, Table II Monthly Installment for life No Period Certain Life Monthly Installment for Life No Period Certain 10 Years Certain Age* Male Female Male Female 50 $ 5.07 $ 4.93 $ 5.04 $ 4.92 51 5.13 4.99 5.09 4.96 52 5.19 5.04 5.15 5.01 53 5.26 5.10 5.21 5.07 54 5.33 5.16 5.27 5.12 55 5.40 5.22 5.34 5.18 56 5.48 5.29 5.41 5.25 57 5.57 5.36 5.49 5.32 58 5.66 5.44 5.57 5.39 59 5.75 5.52 5.66 5.47 60 5.85 5.61 5.75 5.55 61 5.97 5.70 5.85 5.63 62 6.09 5.81 5.95 5.72 63 6.21 5.91 6.06 5.82 64 6.35 6.03 6.17 5.92 65 6.50 6.16 6.29 6.03 66 6.66 6.29 6.42 6.15 67 6.83 6.43 6.55 6.27 68 7.01 6.59 6.69 6.40 69 7.21 6.76 6.83 6.54 70 7.41 6.94 6.98 6.69 71 7.63 7.14 7.13 6.84 72 7.87 7.35 7.28 7.00 73 8.12 7.58 7.45 7.17 74 8.39 7.83 7.61 7.34 75 8 68 8.68 8.11 7.78 7.52 76 8.99 8.40 7.95 7.71 77 9.32 8.72 8.12 7.90 78 9.68 9.07 8.29 8.09 79 10.06 9.45 8.47 8.29 80 10.47 9.85 8.64 8.48 81 10.91 10.30 8.80 8.67 82 11.38 10.78 8.97 8.88 8.86 83 11.88 11.30 9.12 9.04 84 12.42 11.87 9.27 9.21 85 12.99 12.48 9.41 9.37 86 9.54 9.51 87 9.67 9.65 88 9.78 9.77 89 9.89 9.88 90 9.98 9.98 91 10.07 10.07 92 10.15 10.15 93 10.22 10.22 94 10.28 10.28 95 10.34 10.33 * Adjusted Age as defined in Section 10.A. ** The discount factor per day which corresponds to the Assumed Investment Return of 5.0% is 99986634. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. Variable Income Option 5-V, Table III Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* 50 $ 4.37 $ 4.42 $ 4.46 $ 4.51 $ 4.56 $ 4.62 $ 4.67 55 4.48 4.54 4.60 4.67 4.74 4.81 4.88 60 4.62 4.70 4.79 4.88 4.98 5.08 5.18 65 4.11 4.81 4.92 5.04 5.17 5.31 5.46 5.61 70 5.07 5.23 5.40 5.59 5.79 8.00 6.00 6.22 75 5.43 5.65 5.90 6.18 6.48 6.79 7.11 80 5.94 6.26 6.63 7.04 7.49 7.95 8.40 85 6.67 7.15 7.70 8.31 8.97 9.63 10.26 * Adjusted Age as defined in Section 10 A. 10.A. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount.
Appears in 1 contract
Determination of Subsequent Variable Payments. The amount of each variable annuity payment after the first will increase or decrease according to the value of the variable annuity units which reflect the investment experience of the selected subaccountsSubaccounts. Each variable annuity payment after the first will be equal to the number of variable annuity units in the selected subaccounts Subaccounts multiplied by the variable annuity unit value on the date the payment is made. The number of variable annuity units in each selected subaccount Subaccount is determined by dividing the first variable annuity payment allocated to the subaccount Subaccount by the variable annuity unit value of that subaccount Subaccount on the annuity commencement dateAnnuity Commencement Date. Once annuity payments Annuity Payments begin, neither expenses actually incurred other than taxes on the investment return, nor mortality actually experienced by the Company, shall adversely affect the dollar amount of variable annuity payments Variable Annuity Payments to any annuitant Annuitant for whom such payments have commenced. AV1396 101 179 1003 Page 15 CB937R GUARANTEED FIXED INCOME OPTIONS ** The amounts shown in these tables are the guaranteed amounts for each $1,000 of the proceeds. Higher current amounts may be available at the time of settlement. Option 1, Table I Option 2, Table II Option 2, Table III Option 2, Table IV Number of Years Payable Amount of Monthly Installment Monthly Installment For Life No Period Certain Monthly Installment For Life 10 Years Certain Monthly Installment For Life Guaranteed Return of Policy Proceeds Payable Installment Age* Male Female Unisex Male Female Unisex Male Female Unisex 50 $ 2.97 $ 2.86 $ 2.90 $ 2.96 $ 2.86 2.66 $ 2.89 $ 2.79 $ 2.74 $ 2.76 51 3.04 2.92 2.96 3.02 2.91 2.94 2.84 2.79 2,80 52 3.10 2.98 3.02 3.08 2.97 3.01 2.89 2.84 2.85 53 3.18 3.05 3.15 3.09 3,15 3.03 3.07 2.94 2.89 2.90 5 17.21 17.28 54 3.25 125 3.11 3.15 3.22 3.10 3.00 3.14 100 2.94 2.96 6 14.51 55 3.33 3.18 3.23 3.30 3.17 3.21 3.06 3.00 3.02 7 12.53 56 3.41 3.26 3.30 3.38 3.24 3.28 3.12 3.06 3.07 8 11.04 57 3.50 3.34 3.39 3.46 3.32 3.36 3.18 3.12 114 9 9.89 58 3.60 3.42 3.47 3.55 3.39 3.44 3.25 3.18 3.20 10 8.96 59 3.69 3.51 3.58 3.65 3.48 3.53 3.32 3.25 3.27 11 8.21 60 3.80 3.60 3.66 3.75 3.57 3.62 3.39 3.32 3.34 12 7.58 61 3.91 3.70 3.76 3.85 3.66 3.72 3.46 3.39 3.41 13 7.05 62 4.03 3.81 3.87 3.96 3.76 3.82 3.54 3.47 3.49 14 6.59 63 4.16 3.92 3.99 4.07 3.87 3.63 3.93 3.83 3.55 3,57 15 6.20 64 4.30 4.04 4.12 4.20 3.98 4.04 3.72 3.63 3.66 16 5.85 65 4.45 4.16 4.32 4.25 4,32 4.09 4.16 3.81 3.72 3.75 17 5.55 66 4.60 4.30 4.39 4.46 4.22 4.29 3.91 3.81 3.84 18 5.27 67 4.77 4.45 4,45 4.54 4.60 4.35 4.42 4.01 3.91 3.94 19 5.03 68 4.96 4.95 4.60 4.71 4.75 4.49 4.57 4.11 4.01 4.04 20 4.81 69 5.14 4.77 4.88 4.90 4.64 4.71 4.23 4.12 4.15 70 5.34 4.95 5.07 5.06 4.79 4.87 4.34 4.24 4.27 71 5.56 5.15 5.27 5.22 4.95 5.03 4.47 4.36 4.39 72 5.79 5.36 5.49 5.39 5.12 5.20 4.60 4.49 4.52 73 6.03 5.59 5,59 5.72 5.56 5.30 5.38 4.73 4.62 4.66 74 6.30 5.83 5.97 5.74 5.49 5.57 4.88 4.77 4.80 75 6.58 6.10 6.24 5.93 5.68 5.76 5.03 4.92 4.95 76 6.88 6.39 6.53 6.11 5.88 5.95 5.18 5.08 5.11 77 7.20 6.70 6.85 6.30 6.09 6,15 5.35 5.25 5.28 78 7.55 7.03 7.19 6.49 6.30 5 53 6.36 5.53 5.43 5.46 79 7.92 7.40 7.55 6.68 6.51 8.51 656 5.71 5.61 5.64 80 8.32 7.79 7.95 6.87 6.72 6.77 5.90 5.81 5.84 81 8.75 8.22 822 8.38 7.06 6.93 6.97 6.11 6.02 602 6.05 82 9.20 8.69 8.84 7.24 7.13 7.16 6.32 6.24 6.27 83 9.69 9.19 9.34 7.41 7.33 7.36 6.55 6.48 6.50 84 10.21 9.74 9.88 7.58 7.52 7.54 6.78 6.72 6.74 85 10.77 10.33 10.46 7.74 7.69 7.71 7.03 6.98 7.00 86 7.89 7.86 7.87 7.29 7.26 7.27 87 8.03 8.01 8.01 7.57 7.54 7.55 88 8.16 8.15 815 7.86 7.84 7.85 89 8.28 8.27 8.27 8.17 8.15 8.16 90 8.38 8.38 8.38 8.49 8.48 8.48 91 8.48 8.48 8.48 8.83 8.82 8.83 92 8.57 8.57 8,57 9.19 9.18 9.19 93 8.65 8.64 8.65 9.58 9.56 9.57 94 8.72 8.71 8.71 10.00 9.97 9.98 95 8.78 8.77 8.77 10.45 10.40 10.42 * Adjusted Age as defined in Section 10.A. ** The guaranteed fixed income amounts are based on a guaranteed interest rate of 151.5%. Dollar amounts of monthly, quarterly, semi-–annual and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. AV1396 101 179 1003 Page 16 T1027R Fixed Income Option 4, Table V Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* Annuitants 50 $ 2.20 $ 2.27 $ 2.34 $ 2.41 $ 2.48 $ 2.55 $ 2.62 55 2.35 2.44 2.52 2.61 2.71 2.80 2.88 60 2.54 2.64 2.84 2.76 2.88 2.99 3.11 3.23 65 2.77 2.91 3.06 3.22 3.38 3.54 3.69 3,69 70 3.08 3.26 3.46 3.67 3.89 4.11 4,11 4.33 75 3.47 3.72 3.99 3,99 4.29 4.60 4.93 5.24 80 4.01 4.35 4.74 5.17 5.62 6.08 6.53 85 4.75 5.25 5.81 6.44 7.09 7.75 8.36 Monthly Installment For Unisex Joint and Full Survivor Adjusted Age of First Annuitant* Adjusted Age of Joint Annuitant* 50 $ 2.20 $ 2.27 $ 2.34 $ 2.41 $ 2.48 $ 2.55 $ 2.61 55 2.36 2.44 2.53 2.62 2.70 2.79 2.87 80 2.55 2,65 2.76 2.88 2.99 3.10 3.20 65 2.79 2.92 3.07 3.22 3.37 3,52 3.66 70 3.10 3.28 3.47 3.67 3.88 4.09 4.28 75 3.50 3.75 4.02 4.30 4.60 4.89 5.16 80 4.06 4.40 4.78 5.19 5.62 6.04 6.44 85 4.83 5.32 5.87 6.47 7.10 7,71 8.28 * Adjusted Age as defined in Section 10.A. Dollar amounts of monthly, quarterly, semi-annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. VARIABLE INCOME OPTIONS AV1396 101 179 1003 Page 17 TB1027R BASED ON ASSUMED INVESTMENT RETURN ** The amounts shown in these tables are the initial payment amounts based on a 5.0% Assumed Investment Return for each $1,000 of the proceeds. Option 3-V, Table I Option 3-V, Table II Monthly Installment for life Life No Period Certain Monthly Installment for Life 10 Years Certain Age* Male Female Unisex Male Female Unisex 50 $ 5.07 $ 4.93 $ 4.98 $ 5.04 $ 4.92 $ 4.95 51 5.13 4.99 5.03 5.09 4.96 5.00 52 5.19 5.04 5.08 5.15 5.01 5.05 53 5.26 5.10 5.14 5.21 5.07 5.11 54 5.33 5.16 5.21 5.27 5.12 5.17 55 5.40 5.22 5.27 5.34 5.18 5.23 56 5.48 5.29 5.35 5.41 5.25 5.30 57 5.57 5.36 5.42 5.49 5.32 5.37 58 5.66 5,66 5.44 5.50 5.57 5.39 5.44 59 5.75 5.52 5.59 5.66 5.47 5.52 60 5.85 5.61 5.68 5.75 5.55 5.61 61 5.97 5.70 5,70 5.78 5.85 5.63 5.70 62 6.09 5.81 5.89 5.95 5.72 5.79 63 6.21 8.21 5.91 6.06 6.00 8.06 5.82 5.89 64 6.35 8.35 6.03 6.17 6.13 8.17 5.92 6.00 65 6.50 6.16 8.16 6.26 6.29 6.03 6,03 6.11 66 6.66 6.29 8.29 6.40 6.42 6.15 6.23 67 6.83 6.43 6.55 6.55 6.27 68 6,36 88 7.01 6.59 6.69 6.71 6.89 6.40 6,49 69 7.21 6.76 6.89 6.83 6.54 6,63 70 7.41 6.94 6.98 7.08 6,98 6.69 6.77 71 7.63 7.14 7.28 7.13 6.84 6.93 72 7.87 7.35 7.50 7.28 7.00 7.09 73 8.12 7.58 7.74 7.45 7.17 7.25 74 8.39 7.83 8.00 7.61 7.34 7.42 75 8 68 8.68 8.11 8.28 7.78 7.52 76 7.60 75 8.99 8.40 8.58 7.95 7.71 7.78 77 9.32 8.72 8.90 8.12 7.90 7.97 78 9.68 9,88 9.07 9.25 8.29 8.09 8.16 79 10.06 9.45 9.63 8.47 8.29 8.34 80 10.47 9.85 10.04 8.64 8.48 8.53 81 10.91 10.30 10.48 8.80 8.67 8,67 8.71 82 11.38 10.78 10.96 8.97 8.88 8.86 8.89 83 11.88 11.30 11.47 9.12 9.04 9.06 84 12.42 11.87 12.03 9.27 9.21 9.23 85 12.99 12.48 12.63 9.41 9.37 86 9.38 85 9.54 9.51 9.52 87 9.67 9.65 9.65 88 9.78 9.77 9.77 89 9.89 9.88 9.88 90 9.98 9.98 9.98 91 10.07 10.07 10.07 92 10.15 10.15 10.15 93 10.22 10.22 10.22 94 10.28 10.28 10.28 95 10.34 10.33 10.33 * Adjusted Age as defined in Section 10.A. ** The discount factor per day which corresponds to the Assumed Investment Return of 5.0% is 99986634.99986634. Dollar amounts of monthly, quarterly, semi-–annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount. AV1396 101 179 1003 Page 18 H1313R Monthly Installment For Joint and Full Survivor Adjusted Age of Male Annuitant* Adjusted Age of Female Annuitant* 50 $ 4.37 $ 4.42 $ 4.46 $ 4.51 $ 4.56 $ 4.62 $ 4.67 55 4.48 4.54 4.64 4.60 4.67 4.74 4.81 4.88 60 4.62 4.70 4.79 4.88 4.98 5.08 5.18 65 4.11 4.81 4.92 5.04 5.17 5.31 6.31 5.46 5.61 70 5.07 5.23 5,23 5.40 5.59 5.79 8.00 6.00 6.22 75 5.43 5.65 5.90 6.18 6.48 6.79 7.11 80 5.94 6.26 6.63 7.04 7.49 7.95 8.40 85 6.67 7.15 7.70 8.31 8.97 9.63 10.26 Monthly Installment For Unisex Joint and Full Survivor Adjusted Age of First Annuitant* Adjusted Age of Joint Annuitant* 50 $ 4.38 $ 4.42 $ 4.47 $ 4.51 $ 4.56 $ 4.61 $ 4.66 55 4.48 4.54 4.60 4.67 4.73 4.80 4.87 60 4.63 4.70 4.79 4.88 4.97 5.07 5.16 65 4.82 4.93 5.05 5.17 5.30 5.44 5.57 70 5.09 5.24 5.41 5.59 5.78 5.97 6.16 75 5.46 5.68 5.93 6.19 6.47 6.75 7.03 80 5.99 6.31 6.67 7.07 7.48 7.90 8.30 85 6.75 7.23 7.76 8.35 8.97 9.59 10.17 * Adjusted Age as defined in Section 10 A. 10.A Dollar amounts of monthly, quarterly, semi-—annual, and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). If any life income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem the election to have been made for the longest period certain which could have been elected for such age and amount.
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